Healthcare Trust of America, Inc. (NYSE:HTA), announced the appointment of Steve W. Patterson, the current Athletic Director of the University of Texas at Austin, to its Board of Directors. The Board has determined that Mr. Patterson qualifies as an independent director under the applicable NYSE and SEC requirements. With the appointment of Mr. Patterson, HTA’s…

McMillan Commercial Real Estate, a leading Arizona commercial real estate firm exclusively representing tenants and corporate space users, announced today that they have entered into an agreement to merge with Keyser to lead the firm’s growing Educational Practice Group. “I am very pleased to be able to announce this merger,” stated Andy McMillan, CEO of…

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that it completed a lease of 25,002 square feet for Service Partners Supply, LLC at Pioneer Packaging Center, 2440 South 8th Place, Phoenix, AZ. Senior Vice President Bruce Calfee and Vice President Josh Wyss of Cassidy Turley’s Industrial Group represented the landlord,…

Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the U.S., has announced that Flower Child, a farm-fresh fast-casual restaurant, has opened at the firm’s Camelback Village shopping center in Phoenix. According to Randy Banchik, executive vice president of Westwood Financial Corp., the concept that was developed by…

Craig Coppola, Principal at Lee & Associates, attended the Counselors of Real Estate Annual Convention last year and offers a few takeaways from the event that offer guidance and suggestions for real estate professionals going forward: –Seek to manage and mitigate risk, not eliminate risk. –Avoid the tyranny of the averages –Be local. Do not just…

Forever Nutraceutical, LLC, a supplement products supplier has paid $1.82 million for a 38,500 SF manufacturing facility at 4250 E. Broadway Rd. in Phoenix, just one block from their current production facility. Lee & Associates Principal Ken McQueen negotiated on behalf of Forever Nutraceutical. The seller, Sorenson Group Management of Salt Lake City, UT was represented by Newmark Grubb Knight…

Without further delay it is finally here. Valley real estate entrepreneur Michael Pollack, of Pollack Investments, will make his national television debut on Tuesday night, April 29th when he appears on an episode of A&E’s Barry’d Treasure. Pollack’s love of collecting rare memorabilia has spanned more than 40 years. From his sought after Frank Polk…

By Chelsea Maddox The real estate aspect of the healthcare business is evolving and growing, according to industry experts. Staying ahead of the issues, innovations and trends is vital to this sector of the commercial real estate market. These and other topics will be discussed this week at the 2014 BOMA Medical Office Building and…

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced it has completed a 15,000 square foot lease for Ace Hardware, at Desert Foothills Plaza located at 1323 East Chandler Boulevard in Phoenix. Vice President Brent Mallonee of Cassidy Turley’s retail group represented Ace Hardware in the lease transaction. The landlord, Phoenix-based…

T.W. Lewis Company has added another strategic hire to its roster: Ashley Hale. Hale joins T.W. Lewis Company as the senior accountant. She assists with preparation of the Annual Business Plan and Mid-Year Review. Additionally, she manages accounts payable, payroll, sales tax accounting, coordinating the employee benefit program, bank reconciliations, and maintaining all accounting files. Previously,…

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced the successful sale of a ±90,000-square-foot Class B office project at 4415 – 4625 South Wendler Drive in the Tempe/Airport Submarket. California-based investor Greenlaw Partners purchased the property for $3.5 million ($38.88/psf) from REO Asset Manager, John Mitchell, of LNR Partners (Miami…

Colliers International in Greater Phoenix has appointed Kirk Kuller a vice president. Kuller brings 15 years of financial experience into his new position, including the structuring and underwriting of more than $50 billion in transactions. Kuller joins Colliers’ investment property sales team led by Mindy Korth, recently named the NAIOP Investment Broker of the Year…

John Tran, AIA, LEED AP, NCARB, has been hired as design principal at the Phoenix office of SmithGroupJJR, one of the nation’s largest architecture, engineering and planning firms. Tran joins the leadership team for the firm’s practice in Arizona and the southwest, while providing support to all SmithGroupJJR offices. An award-winning designer with 20+ years…

ViaWest Group has sold two premier class A office buildings in the Phoenix metro area for a total consideration of $11.1 million. CBRE negotiated the sale to Melcor Development of the ±24,154-square-foot Perimeter Parkview Corporate Center at 8355 E. Hartford Drive Scottsdale, Ariz. and the ±35,066-square-foot Chauncey Professional Center located at 6930 E. Chauncey Lane,…